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June 19, 2024

Market News

The active weather patterns continue to impact production and quality
across the U.S. and Mexico as we move into summer. Out west the heat wave
continues in the interior valleys of California and the Southwest as the strong
high-pressure ridge remains in place. Temperatures look to peak over the
weekend with some relief expected around the middle of next week.
Another heat wave will settle in across the Great Lakes, Ohio Valley, and the
Northeast over the next few days. Widespread record to near record high
temperatures is forecast with overnight lows only reaching the mid-70s
providing little relief from the heat. These types of temperatures generally
occur later in the summer months in the August/September time frame
across these regions. Local/regional production is set to begin in the near
future across the various production regions and these temperatures may
impact supplies and quality when harvests begin.
A disturbance in the Gulf of Mexico will likely become the first Tropical
Cyclone of the season before making landfall in Northeastern Mexico by early
Thursday. Heavy rain and tropical-storm-force winds well north of the
circulation are expected to move on shore across southern Texas today.
Rainfall totals of 5-10 inches are possible from northeast Mexico into South
Texas before tapering off by early Friday. This will bring much needed
precipitation to Mexico which has been ravaged by drought. Of course, too
much rain too fast can cause flooding, landslides and road closures
depending on where and how much rain falls.
Back in California Growersremain ahead of schedule in many fields due to the
cool spring temperatures holding back acreage causing growers to reach for
supplies. Iceberg lettuce supplies while gradually improving remain on the
light side for the near term. Cilantro and parsley production continues to be
impacted by disease pressure and weather issues. Very hot temperatures are
now expected to impact these fields in the near term. These tender items do
not handle extreme heat well and supplies may once again feel the impact.
Broccoli fields remain behind schedule mostly due to cool temperatures and
growers reaching for product. Brown beads, discoloration and hollow core
are also prevalent in the fields lessening yields and overall supplies for the
mid-term. Supplies look to remain limited for the next couple of weeks at a
minimum.
All these factors will keep overall supplies on the lighter side as we move through June.

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